XRP's price dropped for the third consecutive session, trading near $1.422 and down more than 6% for the week. Bearish signals emerged in derivatives markets, with a long-to-short account ratio below 1 and negative perpetual-futures funding, indicating more short positions than long. Broader market conditions, including higher U.S. Treasury yields, a stronger dollar, and geopolitical tensions, also dampened risk appetite. The Federal Reserve's recent rate hike and hints at further increases add to the cautious sentiment affecting speculative assets like XRP.
XRP is trading at Rp25.333 on Pluang as of Oct 08, 2026 16:41 WIB, down 2.96% in the last day, continuing its recent decline. Despite the bearish signals in derivatives markets mentioned in the article, Pluang data shows a strong buy interest with 84% of order activity on the buy side. XRP's market cap stands at Rp1.591,41 trillion, with a typical hold time of 71 days, indicating moderate investor confidence amid the current cautious sentiment.
On October 8, the total cryptocurrency market capitalization dropped by 4.39% to $2.80 trillion, with Bitcoin falling 1.59% to $82,216. Other major coins also declined: Ether decreased 1.55% to $2,527, XRP fell 3.53% to $1.39, and Solana dropped near...
A debate has emerged between Ripple CTO Emeritus David Schwartz and Flare CEO Hugo Philion over the potential size of XRP Ledger lending, a new feature allowing users to lend and borrow assets directly on the blockchain. While validators are still vo...
Cardano (ADA) recently fell 10.68% after a post-quantitative-tightening pullback, trading between its 20-week and 50-week moving averages. Analyst Dan Gambardello notes this pattern resembles early 2020 before the COVID-19 crash but cautions the curr...
XRP is showing signs of a weekly recovery, trading around $1.41 and holding about 9% above its key support at $1.275. The price pattern suggests an inverse head-and-shoulders formation, with a potential breakout above $1.575 that could push XRP towar...
U.S. spot XRP exchange-traded funds held about $1.697 billion in net assets as of October 6, with combined net inflows of $3.14 million that day. This inflow is significantly lower compared to the $75.6 million recorded during the September 21-25 wee...
